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Senator seeks clarity on status of Drought Resilience Programme in Northern Kenya

Sacco ReviewSeptember 19, 2024September 19, 202403 mins

Marsabit senator Mohamed Chute has requested a statement from the Senate Committee on Land, Environment, and Natural Resources chaired by Senator John Methu regarding the status of the KfW Development Bank-funded Drought Resilience Programme in Northern Kenya (DRPNK). He has called on the Committee to provide a list of the counties where the programme has…

Kisumu to kick-start KSh5 billion affordable housing project

Sacco ReviewMay 30, 2024May 30, 202406 mins

The Anderson Affordable Housing Project in Kisumu County is now set to kick off in earnest after LAPTRUST and the County Pension Fund (CPF) in collaboration with the county government broke ground. The landmark event will see the construction of over 1,200 decent and affordable housing units. It is designed in line with both the…

Loiyangalani Fish Cooperative rejuvenates to meet growing demand for fish

Sacco ReviewMay 5, 2024May 5, 202404 mins

Loiyangalani town is located on the eastern bank of Lake Turkana which occupies northwestern Kenya, with the biggest portion of the lake in Marsabit County. Residents here engaged in fishing for household meals but over time it is done for commercial purposes. Also, many fisherfolk lacked proper storage facility depending on traditional ways of preserving…

Farmers adopt hybrid technology to increase rice farming

Sacco ReviewMay 3, 202408 mins

The African Agricultural Technology Foundation (AATF) is pushing for the adoption of high yielding hybrid varieties to reduce the Government’s annual rice import bills. Also, it is one of the ways aimed at addressing Kenya’s significant rice production shortfall and enhance farmers’ income. Dr Kayode Sanni, who heads AATF’s rice initiative, said the situation has forced…

Co-op professional body releases this year’s training plan for sector players

Sacco ReviewApril 22, 2024April 22, 202407 mins

The Kenya Society of Professional Co-operators (KSPC) has officially released its training plan for this year targeting key players in the sector. The training, spread out throughout the year started February, will basically target Chief Executive Officers (CEOs) and their deputies (D/CEOs), Heads of Departments (HoDs), Boards and Supervisory Committees, and staff working in the…

Traders’ Sacco in Garissa pleads with county over planned demolition of stalls

Sacco ReviewFebruary 29, 2024March 1, 202405 mins

Sukuma Gate Sacco members are pleading with the County Government of Garissa not to demolish their stalls where they have been earning their daily bread for long. The members, mostly comprising mama mbogas and petty traders decried the planned eviction from their stalls after Garissa Municipality, through the Enforcement Notice, Form P.P.A. 7, dated January…

Coops urged to rebrand to attract more members

Sacco ReviewNovember 18, 2023November 18, 202302 mins

Garissa County Director of Cooperatives Samuel Karanja has urged Saccos to rebrand and recruit more members to increase their savings and loan base. Speaking to Sacco Review in his Garissa office, Karanja noted that rebranding would enable the recruitment of members beyond Saccos’ geographical territories. The director urged Saccos to strive to get their members…

Coop director urges residents to form Saccos, exploit Industrial Park benefits

Sacco ReviewOctober 13, 2023October 17, 202302 mins

Garissa County Cooperative Director Samuel Karanja has urged residents to start forming groups like chamas or Saccos to exploit the services brought about by the launch of Garissa Industrial and Aggregation Park. He noted that the park will bring together more businesses that will provide services complementing one another and attract new investment areas and…

Saccos urged to rebrand to attract more members, increase capital base

Sacco ReviewOctober 2, 2023October 2, 202302 mins

Garissa County Director of Cooperatives Samuel Karanja has urged Saccos to rebrand and recruit more members as a move to increase their savings and cement their loan base. Speaking to Sacco Review newspaper in his Garissa office , Karanja noted that rebranding would enable the recruitment of members beyond Saccos’ geographical territories thus move towards…

Kenya cements position as Islamic Banking hub in East, Central Africa

Sacco ReviewSeptember 21, 2023September 21, 202303 mins

The existence of Gulf Africa Bank, Dubai Bank and First Community Bank as fully fledged Islamic Banks has cemented Kenya’s position as a hub for Islamic banking in East and Central Africa. The position is further cemented by the existence of Islamic products in conventional banks and Saccos. Abdi Hussein, Gulf Bank Garissa Branch Deputy…